Oct 30, 2021
PYD TOKEN BURN ANNOUNCEMENT
Recent changes and informational update for the community
With reference to our previous announcement which was disclosed contains information concerning the expected changes which are to be seen within the firm.
This token burn will occur shortly, which is been explained below.
Why is $PYD tokens been burned?
The use of burned is being implemented for reduction of the total supply of tokens, while helping in the healthy market circle and also strengthening the valuability of the circulating tokens.
What is the merit of the token burn?
Reducing the total supply of tokens and directly strengthening the valuability of the tokens.
How many tokens will be burned?
30% of the total supply is been burned which has allocation from ecosystem, developments, marketing, rewards under the tokenomics.
When is the token burn date?
$PYD token burn is scheduled to occur shortly after publication.
What is the new total supply ?
The total supply will be 700M following the changes applied from the token burn.
PayPDM is a leading decentralized crypto financial firm aimed at the improvisation and standardization of cryptocurrencies in every day life through the use of its financial products and services hereby providing basic services available on traditional finance on the blockchain platform.
PayPDM is part of the Xeraza Media, on which services are been administered and effectualized.
